Buyer Agency Handbook
About Us
Who
We’re the people you want at your side. Friends at heart. Professionals in practice and mind. We train our agents to be the best. Then we back them up with a world-class team.
Every agent of ours must meet a certain experience level and criteria to join us.
Where
Our home.
2330 Randolph Road Charlotte, NC 28207
dickensmitchener.com
As agents, we know this city’s neighborhoods like our closest circle of friends. We tend to this relationship as much as we do our connections to you. Place matters. Knowledge counts.
How
Agents who help more people end up better at their jobs. It’s like going to the gym — the more you go, the better your results. This is why we only have full-time, fully committed agents. We train them constantly on the changing market, new tech, negotiation strategies and people skills.
We get to work with top-of-the-line agents. You get what you want, wrapped in the best possible experience.
REALTOR®/BROKER
704-575-6668
lcarter@dickensmitchener.com
About Me
• As a native Charlottean, Lindsay has a lifetime of community knowledge and an unparalleled passion for helping her clients achieve their real estate dreams.
• Lindsay has lived in the Queen City her entire life, attending Charlotte Mecklenburg Schools and earning her degree in Communications from The University of North Carolina at Charlotte.
• She pursued a career in process design at Duke Energy before becoming licensed in residential real estate to
Milestones & Memberships
• Canopy Multiple Listing Services
• Canopy REALTOR® Association
• National Association of REALTORS®
• North Carolina Association of REALTORS®
• South Carolina Association of REALTORS®
• Dickens Mitchener Rookie of the Year 2018
• Dickens Mitchener Top Producer 2018
• Lindsay lives in the Providence Plantation neighborhood with her husband, their two young sons, and two golden retrievers.
Fun Facts
• Vacations in Seabrook Island
• Enjoys watching her brother, Corey Nagy, pursue his career as a professional golfer.
• Panthers Fan.
• She is also a member of St. Gabriel’s Catholic Church.
THE IMPORTANCE OF BUYER REPRESENTATION
YOUR HOME BUYING ADVOCATE AND TRUSTED ADVISOR
Having representation from a Buyer’s Agent is the only way that you can be confident that you have someone looking out for your best interests and allowing you to make informed real estate decisions.
ALIGNMENT WITH A PROFESSIONAL
Our high quality reputation is backed by its membership in Leading Real Estate Companies of the World® an invitation only global community in over 70 countries. Membership is awarded to firms based on rigorous standards for service and performance.
UNPARALLELED MARKET KNOWLEDGE
Our brokerage is rooted in the communities we serve. We possess deep local knowledge, an understanding of local housing regulations and trends to help you make smarter, informed decisions. We bring an authentic “Main Street” perspective to real estate that many of our competitors cannot claim.
NEGOTIATION WITH MARKET EXPERTISE
Understanding your goals, desires and concerns Is fundamental to skillful negotiation, coupled with strong market knowledge and financial acumen. Your Buyer’s Agent will work on your behalf and negotiate the best possible price and terms for your home purchase.
SERVICES TAILORED TO YOUR NEEDS
Our services are distinctive, extensive, and personalized for you, as our longstanding reputation was built on consistently delivering high performance to every client. Our strong local culture is well-aligned with your market-specific needs.
A STREAMLINED PROCESS
Your Buyer’s Agent will simplify the process and guide you through the necessary steps making the most e cient use of your time. From your home search and negotiation to contract and closing. These are just some of the steps where your Buyer’s Agent will facilitate.
Market Analysis
Lender Pre-Approval
O er
Negotiation
Contract Review and Approval
Purchase Agreement Finalized
Home Loan Approval
Inspection/Due Diligence
Apply for Home Insurance
Title Exam
Loan Approval
Prepare Finances and Documents for Closing
The Home Buying Process
Meet With A Real Estate Broker
Discuss the type of home you’re looking for, including style, price and location. The Real Estate Broker will review Working with Real Estate Agents Disclosure/ and the Exclusive Buyer
buying experience.
Search For Homes
ADVANCED SEARCH:
systems to ensure you see every available home that meets your criteria. paying the buyer agency fee: you the Buyer, the Seller, or a combination of the two.
Negotiating & Contract
DEPOSITS: 5 days.
Under Contract
You and the seller have agreed to the price and terms.
Due Diligence
You will hire an attorney and inspector. You will order a survey and appraisal.
Closing
The transfer of funds and ownership. An attorney typically acts as an independent third party to facilitate the CLOSING.
Due Diligence Timeline
CONTRACT
DATE
DUE DILIGENCE PERIOD END DATE
Due Diligence Period
This is your opportunity to conduct inspections, perform surveys, and work with your lender to
Buyer’s Right To Terminate
You may terminate your contract during this period for any reason or no reason. If you terminate, you forfeit your due diligence fee only. If you continue to closing, your due diligence fee is credited towards your purchase price.
CLOSING DATE
After DDP Ends
After your DDP ends, you may have several days or weeks before closing (depending on the terms of your contract).
Termination after DDP Ends
Should you terminate your contract after your due diligence period ends, you will forfeit both your due diligence fee AND your earnest money deposit.
Under Contract Guide
In order to provide you with the very best service, the following is a guide to let you know what to expect as we move toward closing.
ONCE CONTRACT IS SIGNED & DELIVERED TO YOU
DURING DUE DILIGENCE PERIOD
Immediately proceed with your loan process & inform me of the lender you’ve chosen
BEFORE CLOSING
Perform inspections & specialized evaluations
Negotiate repairs with Seller
Attorney to perform title search & order a property survey
Lender to order appraisal and other HOA documents
Review any restrictive covenants, bylaws if applicable
Obtain homeowners insurance
DAY OF CLOSING OR DAY BEFORE CLOSING
Arrange for utilities to be connected or transferred for the day of closing (see Convenience List)
Schedule re-inspection of repair items and obtain proof complete
Determine if you prefer re-inspections or a walk-through and we can schedule those
AFTER CLOSING
Schedule movers & deliveries
Schedule appointment to wire funds to Attorney for closing
Receive and review your Closing Disclosure statement
Wire funds to Attorney
All Buyers must bring drivers license to close
Welcome Home!
Applying For A Loan
Lenders require that you complete several forms for your home loan application. Some of the forms need to
Below is a list of items that your lender will need from you.
I.D.
Bank statements for the past 2 months
Pay stubs for past 30 days
Address history for the past 2 years
Employment history for the past 2 years
W2’s/1099 for the past 2 years
Past two years’ federal tax returns
Signed copy of
IF APPLICABLE:
Gift letter (If you are having someone help you with the down payment)
Year-to-date and balance sheet (if self-employed)
List of any other properties owned
Divorce decree (if applicable)
Complete bankruptcy documents (if you have declared bankruptcy in the last 10 years)
Photo
Buying Costs & Fees
Appraisal Fee:
Attorney Fee:
Buyer Agency Fee:
Credit Report:
Discount Points:
General Home Inspections:
Homeowners Insurance:
Loan Origination Fee:
Prepaid Interest:
Private Mortgage Insurance:
Recording Fees (Deeds):
Real Property Taxes:
Structural Inspection:
Survey:
Termite Letter:
Title Insurance:
Love it. Forms
Homebuyer’s Glossary
Appraisal:
Buyer Agent:
Buyer Agency Fee:
Private Mortgage Insurance:
Closing:
Closing Disclosure:
Competitive Market Analysis (CMA):
Contingency:
Deed:
Deed of trust:
Due Diligence:
Due Diligence Fee: Disclosure:
Earnest Money Deposit:
Fixture:
Homebuyer’s Glossary
Foreclosure: The legal process by which a Mortgage Lender (Mortgagee) or other lien holder obtains a termination of a Mortgage Borrower (Mortgagor’s) equitable right of redemption, either by court order or by operation of law (after following
Home Inspection: A thorough inspection that evaluates the structural and mechanical condition of a property.
Homeowners Association (HOA): An organized group of homeowners whose members help to regulate and enforce the rules and standards of their respective communities.
HVAC: An acronym for heating, ventilation and air-conditioning.
Loan-to-Value Ratio: The relationship between the amount of the mortgage loan and the value of the real estate being pledged as collateral.
Listing Agent: The person(s) who represents the Seller in the real estate
Market Value: The most probable price property will bring in an open market under normal conditions.
Multiple Listing Service (MLS): A marketing organization composed of member Brokers who agree to share their listing agreements with one another in the hope of producing ready, willing and able Buyers for their properties more quickly than they could on their own.
Radon: A naturally occurring inert and radioactive gas formed by the decaying chair of uranium in the earth. It is an odorless, colorless gas and hence, undetectable to the human sense. The particular hazardous chemical can only be detected by correct testing by a professional.
Realtor®: A person who acts as an agent for the sale and purchase of buildings and land; a real estate agent.
Recording: purchasers or mortgages.
Short Sale: A sale of real estate in which the proceeds from selling the property will fall short of the balance of debts lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt.
Survey: A drawing or map showing the precise legal boundaries of a property, the location of improvements, easements, rights of way, encroachment and other physical features.
Time is of the essence: A phrase in a contract that requires the performance of a certain act within a stated period of time.
Title Insurance: A policy insuring the owner or mortgagee against loss by reason of defects in the title to a parcel real
877-776-2427
Settling
855-243-8892
855-874-3147
855-243-8892
866-445-5880
Suppliers of water service, sewage, and solid waste removal vary with the counties and municipalities. For details about
Supporting our Community
Own A Home?
OPEN UP POSSIBILITIES FOR OTHERS
THERE’S STRENGTH IN NUMBERS. Never has that been truer than when coming together in the real estate community to combat homelessness.
THE
HOMEOWNERS
IMPACT FUND,
home closing process to make a small donation that adds up to a substantial gift to local organizations working to lift men, women and children out of homelessness. Because when you harness the power of community, you can weather any storm.
HOW IT WORKS
If you’re fortunate enough to have a roof over your head, please consider supporting the Homeowners Impact Fund to help others in need. Funds raised are distributed directly to reputable
Every day, more than 3,000 people in the Charlotte area experience homelessness. Every day, more than 580,000 people across the US experience homelessness.
MAKE AN IMPACT
Become a supporter by following this link: homeowersimpactfund.org/donate For more information, email info@homeowersimpactfund.org
